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Gear Energy Ltd., an exploration and production company, acquires, develops, and holds interests in petroleum and natural gas properties and assets in Canada. Its properties include the Celtic/Paradise Hill property located approximately 40 kilometers northeast of Lloydminster Alberta; the Wildmere field situated approximately 200 kilometers southeast of Edmonton, Alberta; the Wilson Creek property located in Central Alberta; and the Tableland property situated southwest of Estevan in Southeast Saskatchewan. As of December 31, 2021, the company's Celtic/Paradise Hill property had proved plus probable reserves of 4,047 thousand barrels (Mbbls) of heavy crude oil; the Wildmere field had proved plus probable reserves of 3,405 Mbbls of heavy crude oil and 1.4 billion cubic feet (Bcf) of natural gas; the Wilson Creek property comprised of proved plus probable reserves of 3,318 Mbbls of light crude oil and natural gas liquids (NGLs), and 6.2 Bcf of natural gas; and the Tableland property had proved plus probable reserves of 5,315 Mbbls of light crude oil and NGLs, and 3.5 BCF of natural gas. Gear Energy Ltd. is headquartered in Calgary, Canada.

Gear Energy Dividend Announcement

Gear Energy announced a monthly dividend of $0.00 per ordinary share which will be made payable on 2024-10-31. Ex dividend date: 2024-10-15
Gear Energy annual dividend for 2024 was $0.04
Gear Energy annual dividend for 2023 was $0.07
Gear Energy's trailing twelve-month (TTM) dividend yield is 9.77%
Gear Energy's payout ratio for the trailing twelve months (TTM) is 131.12%

Gear Energy Dividend History

Ex-Div dateDividend amountDividend typePay date
2024-10-15$0.00monthly2024-10-31
2024-09-13$0.00monthly2024-09-27
2024-08-15$0.00monthly2024-08-30
2024-07-15$0.00monthly2024-07-31
2024-06-14$0.00monthly2024-06-28
2024-05-14$0.00monthly2024-05-31
2024-04-12$0.00monthly
2024-03-14$0.00monthly
2024-02-14$0.00monthly2024-02-29
2024-01-12$0.00monthly2024-01-31
2023-12-14$0.00monthly2023-12-29
2023-11-14$0.00monthly2023-11-30
2023-10-13$0.00monthly2023-10-31
2023-09-14$0.00monthly2023-09-29
2023-08-14$0.00monthly2023-08-31
2023-07-13$0.01monthly2023-07-31
2023-06-14$0.01monthly2023-06-30
2023-05-12$0.01monthly2023-05-31
2023-04-13$0.01monthly2023-04-28
2023-03-14$0.01monthly2023-03-31
2023-02-14$0.01monthly2023-02-28
2023-01-13$0.01monthly2023-01-31
2022-12-14$0.01monthly2022-12-30
2022-11-14$0.01monthly2022-11-30
2022-10-14$0.01monthly2022-10-31
2022-09-14$0.01monthly2022-09-30
2022-08-12$0.02monthly2022-08-31
2022-05-13$0.01monthly2022-05-30

Gear Energy Dividend per year

Gear Energy Dividend growth

Gear Energy Dividend Yield

Gear Energy current trailing twelve-month (TTM) dividend yield is 9.77%. Interested in purchasing Gear Energy stock? Use our calculator to estimate your expected dividend yield:

Gear Energy Financial Ratios

P/E ratio12.62
PEG ratio0.60
P/B ratio0.68
ROE5.41%
Payout ratio131.12%
Current ratio0.95
Quick ratio0.69
Cash Ratio0.00

Gear Energy Dividend FAQ

How much is the next Gear Energy dividend?
Gear Energy's board of directors will review the company's financial performance, cash flow, future investment needs, and other relevant factors to determine the next Gear Energy dividend. The next Gear Energy dividend will be released in January, February, March, April, May, June, July, August, September, October, November, or December.
When is Gear Energy dividend paid?
Gear Energy pays dividends on a monthly basis. The specific dates may vary each year but are generally around January, February, March, April, May, June, July, August, September, October, November, and December. However, please note that the exact timing and amount can vary, and companies may also decide to change their dividend policy based on their financial health and other considerations.
What dividend does Gear Energy pay?
The specific amount of Gear Energy dividend can vary from quarter to quarter and year to year, based on a variety of factors including the company's financial performance, the global economic situation, and the decisions of its board of directors. In the above table you can find Gear Energy's dividend history.
Does Gear Energy stock pay dividends?
Yes, Gear Energy does pay dividends to its shareholders. However, the specific amount and frequency of these dividends can vary based on a variety of factors, including the company's financial performance, the global economic situation, and the decisions of its board of directors. In the above table you can find Gear Energy's dividend history.
How much dividend does Gear Energy pay?
Gear Energy paid $0.037 in 2024, $0.071 in 2023, $0.053 in 2022, $0.0 in 2021, and $0.0 in 2020.
How often does Gear Energy pay dividends?
Gear Energy typically pays dividends on a monthly basis. This means that dividends are usually distributed 12 times a year. The specific payout dates may vary each year but generally fall around January, February, March, April, May, June, July, August, September, October, November, and December.
What is Gear Energy's dividend yield?
The current dividend yield for Gear Energy is 9.77%. The dividend yield is calculated by dividing the annual dividend payment by the price of the stock. Both of these numbers can fluctuate daily due to changes in the stock price and any updates to the dividend payment. Use the dividend calculator on this page to calculate Gear Energy's exact dividend yield.
When does Gear Energy go ex dividend?
Gear Energy's ex-dividend date for the latest dividend was on 2024-10-15. Gear Energy typically goes ex-dividend a few weeks before the payment date. The specific dates can vary each year and for each dividend payment.
When is the next Gear Energy dividend paid?
Gear Energy pays dividends on a monthly basis, typically around January, February, March, April, May, June, July, August, September, October, November, or December, but the exact dates can vary each year.
Will Gear Energy increase its dividend?
Decisions about dividend payments are made by the company's board of directors and are based on a variety of factors. To understand whether Gear Energy will increase its dividend, it's beneficial to look at the company's earnings, financial health, future business prospects, and the overall economic environment.
How much is Gear Energy dividend per share?
Gear Energy paid $0.037 per share in 2024 and $0.071 per share in 2023. The amount of dividend per share that Gear Energy pays can vary each quarter based on a range of factors including the company's earnings, financial health, and decisions made by its board of directors.
Is Gear Energy a dividend aristocrat?
No, the term "Dividend Aristocrat" is typically used to describe a company in the S&P 500 index that has increased its dividend payouts for at least 25 consecutive years.
Is Gear Energy a dividend king?
No, a "Dividend King" is a company that has managed to increase its dividend payouts for 50 consecutive years or more, which is an even more selective group than the Dividend Aristocrats.
Is Gear Energy a dividend stock?
Yes, Gear Energy is considered a dividend stock. A dividend stock is a stock of a company that regularly pays out dividends to its shareholders.
Is Gear Energy a good dividend stock?
Whether Gear Energy is a good dividend stock depends on several factors and can vary depending on individual investment goals, risk tolerance, and the overall market conditions. Gear Energy has a history of paying regular dividends, which can make it attractive to income-focused investors.

Other factors to consider when evaluating Gear Energy as a dividend stock include its dividend yield, dividend growth, payout ratio, and the sustainability of its dividend payments given its earnings and cash flow. These factors can provide insight into the company's ability to maintain or increase its dividend in the future.
Does Gear Energy pay dividends monthly?
Gear Energy typically pays dividends on a monthly basis.
Does Gear Energy pay dividends quarterly?
Gear Energy currently pays dividends on a monthly basis.
Has Gear Energy ever paid a dividend?
Yes, Gear Energy has a history of paying dividends to its shareholders. Gear Energy is known for its dividend payments, which have made it an attractive investment for income-focused investors.
How to buy Gear Energy dividend stocks?
To buy Gear Energy you need a brokerage account. Open an account with a reputable brokerage firm that offers access to the stock market. Consider factors such as fees, account minimums, and the availability of dividend reinvestment programs (DRIPs) if you wish to reinvest your dividends automatically.

Place an order: Use the brokerage's trading platform to place an order to buy Gear Energy stock.

Remember that buying stocks involves risk, and it's important to carefully consider your investment goals, risk tolerance, and conduct thorough research before making any investment decisions.
When does Gear Energy pay dividends 2024?
Gear Energy pays dividends on a monthly basis. 2024 dividend payments are in 2024-10-31. However, please note that the exact timing and amount can vary, and companies may also decide to change their dividend policy based on their financial health and other considerations.
Will Gear Energy increase its dividend in 2024?
Decisions regarding Gear Energy dividend increases are typically made by a company's board of directors based on various factors, including financial performance, cash flow, investment needs, and market conditions. For an up-to-date Gear Energy dividend overview you can look into the above table of dividend history.
How Gear Energy dividend works?
The Gear Energy dividend works by distributing a portion of the company's profits to its shareholders on a per-share basis. Here's a general overview of how Gear Energy's dividend process works:

1. Determination of Dividend: Gear Energy's board of directors reviews the company's financial performance, cash flow, future investment needs, and other relevant factors to determine the amount and timing of dividend payments.

2. Dividend Declaration: Once the board approves a dividend, Gear Energy publicly announces the dividend amount, currency, and the ex-dividend date. The ex-dividend date is the date on or after which the buyer of the stock will not be eligible to receive the upcoming dividend payment.

3. Record Date: The record date is the date on which the company checks its records to identify shareholders who are eligible to receive the dividend. Only shareholders on record as of this date will receive the dividend.

4. Payment Date: On the designated payment date, Gear Energy distributes the dividend to eligible shareholders. The dividend is usually paid in the form of cash directly into the shareholder's brokerage account or through other designated payment methods.

5. Tax Implications: Dividends received from Gear Energy are generally taxable as income. Shareholders may need to report dividend income on their tax returns and pay applicable taxes according to their jurisdiction's tax regulations.
How are Gear Energy dividends paid?
Gear Energy dividends are typically paid in cash directly to eligible shareholders. The payment process involves the following steps:

1. Record Date: Gear Energy sets a record date, which is the date on which the company checks its records to determine the eligible shareholders. Only those who are shareholders on record as of this date will receive the dividend.

2. Payment Date: On the designated payment date, Gear Energy distributes the dividend to eligible shareholders. The payment is usually made electronically, directly into the shareholder's brokerage account or bank account.

3. Currency: Gear Energy declares the currency in which the dividend will be paid. Depending on the shareholder's location and the currency election made by the shareholder, the dividend will be converted to the appropriate currency during the payment process.
How many times does Gear Energy pay dividends?
Gear Energy typically pays dividends on a monthly basis. The specific payment dates can vary each year and are usually announced when the company releases its financial results for each quarter.
What months does Gear Energy pay dividends?
The general pattern is that Gear Energy pays dividends around January, February, March, April, May, June, July, August, September, October, November, and December. However, the exact payment dates can vary each year and are typically announced when the company releases its financial results for each quarter.
Is Gear Energy dividend safe?
The safety of Gear Energy's dividend is subject to various factors and cannot be determined with certainty. It is influenced by the company's financial performance, cash flow, and the overall economic and industry conditions.

To assess the safety of Gear Energy's dividend, it is crucial to analyze the company's financial health, debt levels, cash flow generation, and ability to sustain dividend payments over the long term. Additionally, monitoring the company's future earnings, cash flow projections, and management's commitment to dividend policies can provide valuable insights.

It is recommended to review Gear Energy's financial reports, official announcements, and consult with financial advisors or experts who have access to the most current and comprehensive information about the company's financial situation.